The latest update is out from HICL Infra Co Shs GBP ( (GB:HICL) ).
HICL Infrastructure PLC has executed a share buyback program, purchasing 500,000 of its ordinary shares at an average price of 111.425 pence per share. This transaction is part of a previously announced program and results in HICL holding a total of 53,316,815 shares in treasury. The buyback is intended to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation, thereby increasing earnings per share.
More about HICL Infra Co Shs GBP
HICL Infrastructure PLC operates in the infrastructure sector, focusing on investments in infrastructure projects. The company primarily deals with acquiring and managing infrastructure assets, aiming to provide stable, long-term returns to its stakeholders.
YTD Price Performance: -3.79%
Average Trading Volume: 5,137,152
Technical Sentiment Signal: Buy
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